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LIVESTOCK-Cattle futures bounce on short covering
CHICAGO, Sept 11 (Reuters) - Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market.Cattle futures also benefited from rising grains futures, which stea...Reuters
8 minutes ago
CIF/FOB Gulf Grain-Corn, soybean basis bids steady-lower ahead of USDA report
CHICAGO, Sept 11 (Reuters) - Basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals were steady to slightly lower on Thursday, even as supplies tightened in interior markets and farmer selling has slowed ahead of harvest, traders said.Higher barge freight rates also have been...Reuters
13 minutes ago
EXCLUSIVE-Canada may drop oil emissions cap as part of new climate plan, sources say
Canada considers scrapping oil emissions cap for climate strategyAlberta must commit to emissions reduction for cap removalOil sector's emissions rise, risking climate goals by 2030By Amanda Stephenson CALGARY, Sept 11 (Reuters) - Canada's government is in discussions with energy companie...Reuters
37 minutes ago
Entergy's Texas unit receives approval to build natural gas power plants
Sept 11 (Reuters) - Entergy's ETR.N Texas unit said on Thursday it had received approval from the Public Utility Commission of Texas for its proposal to build two natural gas power plants amid rapidly increasing demand for electricity in the region.Power consumption in the United States is proje...Reuters
an hour ago
Head of commercial arm of Mexico's Pemex leaves post, sources say
By Stefanie Eschenbacher, Adriana Barrera and Ana Isabel MartinezMEXICO CITY, Sept 11 (Reuters) - Margarita Perez, the head of the commercial arm of Mexican state energy company Pemex, has left her position, according to four sources with knowledge of the matter and one internal email. PMI Comercio ...Reuters
an hour ago
Head of commercial arm of Mexico's Pemex leaves post, sources say
MEXICO CITY, Sept 11 (Reuters) - Margarita Perez, the head of the commercial arm of Mexican state energy company Pemex, has left her position, according to four sources with knowledge of the matter and one internal email.Reuters
2 hours ago
EXCLUSIVE-Canada may drop oil emissions cap as part of new climate plan, sources say
Canada considers scrapping oil emissions cap for climate strategyAlberta must commit to emissions reduction for cap removalOil sector's emissions rise, risking climate goals by 2030By Amanda Stephenson CALGARY, Sept 11 (Reuters) - Canada's government is in discussions with energy companie...Reuters
2 hours ago
SOFTS-Arabica coffee slips from four-month highs while cocoa gains
NEW YORK, Sept 11 (Reuters) - Arabica coffee futures on ICE slipped on Thursday, with the market consolidating after hitting four-month highs this week, while cocoa closed higher. COFFEE* Arabica coffee KCc2 settled down 0.8 cent, or 0.2%, at $3.861 per lb, having hit its highest since early May...Reuters
2 hours ago
CANADA-CRUDE-Discount on Western Canada Select narrows
Sept 11 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Thursday.WCS for October delivery in Hardisty, Alberta, settled at $11.20 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11.30...Reuters
2 hours ago
US Cash Crude-Grades little changed as investors weigh global demand reports
Sept 11 (Reuters) - Grades were little changed on Thursday, dealers said, as markets weighed conflicting demand reports amid concerns of global oversupply. WTI Midland and WTI at East Houston, also known as MEH, were flat, while Mars gained 5 cents.OPEC made no changes to its relatively high global ...Reuters
2 hours ago
ICE canola futures follow soyoil for small gain
WINNIPEG, Manitoba, Sept 11 (Reuters) - ICE canola futures followed Chicago soyoil higher on Thursday, chalking up a second day of gains.• November canola RSX5 settled up $3.60 at $631.70 per metric ton. January settled up $3.40 at $644.10.• Canola futures have seen little direction in recent sessio...Reuters
3 hours ago
Chemicals maker Dow sees positive polyethylene price action in September
By Pooja Menon Sept 11 (Reuters) - Dow DOW.N CEO Jim Fitterling said on Thursday the polyethylene market is setting up for positive price action in September following a dip in the second quarter due to tariff uncertainties."There's no sign that there's a massive inventory build....Reuters
3 hours ago
Deals of the Day-Mergers and acquisitions
Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Thursday:** Paramount Skydance PSKY.O is preparing a majority cash bid for Warner Bros Discovery WBD.O that is backed by the Ellison family, the Wall Street Journal reported on Thursday, citing p...Reuters
3 hours ago
Oil prices slide 2% on worries about global oversupply, US demand
IEA expects oversupply to increase with OPEC output boostSaudi Arabia's crude oil exports to China set to surge in OctoberUS consumer prices rise, Fed likely to cut ratesBy Scott DiSavino NEW YORK, Sept 11 (Reuters) - Oil prices slid on Thursday, settling about 2% lower as concerns over possi...Reuters
4 hours ago
Southwest Airlines eyes long-haul flights in strategic overhaul
Southwest considers wide-body aircraft for long-haul international routesNew premium lounges to boost loyalty revenue and credit card appealSouthwest's margins lag behind Delta and United AirlinesBy Rajesh Kumar SinghCHICAGO, Sept 11 (Reuters) - Southwest Airlines LUV.N CEO Bob Jordan said on Th...Reuters
4 hours ago
US natgas prices fall 3% to 2-week low on big storage build, lower LNG export flows
EIA reports 71 bcf weekly gas storage build, close to analyst forecastsWaha Hub prices plummet due to pipeline constraints in Permian basinAccuWeather forecasts fewer Atlantic storms this seasonBy Scott DiSavinoSept 11 (Reuters) - U.S. natural gas futures fell about 3% to a two-week low on Thursday ...Reuters
4 hours ago
CBOT corn higher on position squaring
CHICAGO, Sept 11 (Reuters) - Chicago Board of Trade corn futures rose on Thursday on position squaring ahead of a monthly U.S. Department of Agriculture supply and demand report due on Friday. The USDA is expected to trim its U.S. corn yield forecast in its monthly report on Friday, although the age...Reuters
4 hours ago
CBOT soybeans gain strength ahead of USDA report
CHICAGO, Sept 11 (Reuters) - Chicago Board of Trade soybean futures increased on Thursday after a two-day decline as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts.The USDA is expected to trim its U.S. soy...Reuters
4 hours ago
US energy secretary downplays climate risks as Washington seeks EU gas deals
Wright promotes fossil fuels as key to stable energyTrump administration's stance contrasts with global climate goalsEnvironmentalists urge focus on cleaner energy alternativesBy Julia Payne and Timothy Gardner BRUSSELS/WASHINGTON, Sept 11 (Reuters) - U.S. Energy Secretary Chris Wright downpl...Reuters
5 hours ago
